In the first three quarters, the efficiency of industrial enterprises improved structurally, and the profit growth of high-tech manufacturing and strategic emerging industries accelerated.

  CCTV News:According to the data released by the National Bureau of Statistics today (27th), in the first three quarters of this year, the year-on-year decline in the total profits of industrial enterprises above designated size showed a trend of narrowing quarter by quarter, with more profit-growing industries and structural improvement in the efficiency of industrial enterprises.

  Data show that from January to September, the total profits of industrial enterprises above designated size nationwide reached 4,593.35 billion yuan, down 2.1% year-on-year. Among them, it decreased by 3.3% in the first quarter, by 1.9% in the second quarter, and by 1.8% in the third quarter, with the decline narrowing quarter by quarter.

  From the perspective of industry, in the first nine months of this year, among the 41 industrial categories, the profits of 30 industries increased year-on-year, accounting for more than 70%, an increase of two from January to August.

  At the same time, the profit growth of high-tech manufacturing and strategic emerging industries accelerated. From January to September, the profits of high-tech manufacturing and strategic emerging industries increased by 6.3% and 4.6% respectively, and the growth rate was 3.5 and 1.6 percentage points faster than that in January-August.

  In addition, driven by the recovery of profits in the automobile and electronics industries, the profit growth rate of the equipment manufacturing industry turned from negative to positive. Affected by the profit recovery of the above two industries, the profit of equipment manufacturing industry decreased by 0.7% from January to August to increased by 0.9% from January to September.